Generally, the receipt is handwritten by the borrower (debtor), which mainly includes the following contents: write clearly who borrowed it from whom (name and ID number should be clearly written), when how much yuan was borrowed (in words and figures), when how much yuan was paid back in full (also in words and figures), how to repay it (bank transfer or cash transaction), and the borrower has confirmed the payment. Finally, write down the date clearly and then sign it by the borrower.

Legal basis:

People's Republic of China (PRC) Civil Code

Article 469 The parties may conclude a contract in writing, orally or in other forms. Written form refers to contracts, letters, telegrams, telexes, faxes and other forms that can tangibly express the contents contained. A data message that can tangibly express its content through electronic data interchange, e-mail, etc. , and can be retrieved at any time, are considered in writing.

Article 470 The contents of a contract are agreed upon by the parties, and generally include the following clauses: (1) the name and domicile of the parties; (2) Subject matter; (4) quantity; (5) Price or remuneration; (6) Time limit, place and method of performance; (7) Liability for breach of contract; (8) Methods of dispute settlement. The parties may conclude a contract by referring to the model texts of various contracts.

Article 471 The parties may conclude a contract by offer, acceptance or other means.